Industry News

Apple, recently fined pounds sterling 12 bn over alleged tax avoidance, or Europe's two biggest stock markets Deutsche Boerse and the London Stock Exchange. Over the next four months the EU will examine whether the unwanted..."/>
Daily Mail, London, Alex Brummer column [Daily Mail, London]
German bid for LSE hits the buffers [Daily Mail, London]
Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, today announced the appointment of Jose A. Hernandez to lead the company’ s international business, which includes all insurance and reinsurance operations outside of the U.S. The appointment of Hernandez is effective October 3.. “Argo Group has arrived at a critical point in its growth as a global specialty insurance business,” said Chief..."/>
Argo Group Hires Jose A. Hernandez as Head of International Businesses and Appoints David Harris as Head of Performance for the Group
Green Dot Corporation today announced the launch of the Green Dot Platinum Visa Secured Credit Card, a secured credit card that is designed to help people with no prior credit history or those with poor credit scores build a positive credit history. Since the card's credit line is backed by the customer's own security deposit held at Green Dot Bank, most anyone can apply and be approved for the card. No bank account is required to qualify."/>
Green Dot Launches a Visa Credit Card to Help Consumers Build a Better Credit History
Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, announced that derivatives industry veteran, Thomas Hammond, will retire as President of ICE Clear U.S. on January 1, 2017. Hester Serafini, currently Chief Operating Officer of ICE Clear U.S., will become President at that time. Hammond will begin transitioning his ICE Clear U.S. responsibilities to Serafini starting October 1, and,..."/>
Intercontinental Exchange Announces Promotion of Hester Serafini to President of ICE Clear U.S. as Tom Hammond Retires
CIT Group Inc.,, a leading provider of commercial lending and leasing services, today announced that CIT Communications& Technology Finance served as Sole Lead Arranger and Sole Lead Bookrunner for a senior secured credit facility to ICONIQ Capital, LLC, a global multi-family office and merchant bank. The financing supported ICONIQ’ s equity recapitalization of T5@ Dallas and T5@ Portland, two purpose-built, enterprise-grade data centers located in Plano, Texas,..."/>
CIT Serves as Sole Lead Arranger of Financing for ICONIQ’s Equity Recapitalization of T5@Dallas and T5@Portland
Opus Bank Becomes Exclusive Bank Sponsor to the Pac-12–. IRVINE, Calif.---- Opus Bank announced today that it has been named the Official Bank of the Pac-12 Conference, the exclusive bank sponsor of the Pac-12, and sponsor of the Pac-12 Networks. Opus’ partnership with the Pac-12 extends to the 20 championship games and tournaments in 12 NCAA Division I sports, including the Pac-12 Football Championship Game, Men’ s and Women’ s Basketball Tournaments; Men’ s and Women’ s Cross Country,..."/>
Opus Bank Named Official Bank of the Pac-12 Conference
Northern Trust Corporation revealed on Wednesday that Shannon Morton has joined the company as a senior vice president and senior portfolio manager for its Foundation and Institutional Advisors group. In this role, Morton will report to Patrick Everett, senior investment officer for FIA's West Region and develop, implement and manage investment portfolios for foundations, endowments and nonprofit institutions. With over two decades of investment management experience,..."/>
Northern Trust names Shannon Morton as SVP and senior portfolio manager for its Foundation & Institutional Advisors Group
Sun Life Financial Inc. is pleased to announce the appointment of Kevin Morrissey as Senior Vice-President and Chief Actuary. As Sun Life Financial's Chief Actuary, Kevin has responsibility for the corporate oversight of actuarial practices enterprise-wide and provides leadership, direction and vision for the company's actuarial community globally. "Kevin has deep experience across business and corporate functions, most recently creating and..."/>
Sun Life Financial announces appointment of Chief Actuary
SB Financial Group, Inc. expects to release its third-quarter 2016 financial results on Thursday, October 20, 2016, after the close of the market. The company will hold a related conference call and webcast on Friday, October 21, at 11:00 a.m. EDT. Interested parties may access the conference call by dialing 1-888-338-9469. The conference call also will be webcast live at html."/>
SB Financial Group, Inc. Announces Schedule for Third-Quarter 2016 Results
Building Homes, Building Hope - One Essay at a Time!
Umpqua Holdings Corporation, parent company of Umpqua Bank and Umpqua Investments, today announced that it will host its third quarter 2016 earnings conference call on Thursday, October 20, 2016, at 10:00 a.m. PT. During the call, the Company will provide an update on recent activities and discuss its third quarter 2016 financial results, which are expected to be released after the market closes on October 19, 2016. There will be a live question-and-answer..."/>
Umpqua Holdings Corporation Announces Third Quarter 2016 Earnings Conference Call on October 20, 2016
Pacific Mercantile Bancorp, today announced that it has extended a $5.8 million credit facility to Hyperikon to help finance the company’ s continued growth. In addition to the credit facility, Hyperikon will utilize a full suite of Pacific Mercantile Bank’ s cash management products.. Based in San Diego, Hyperikon is one of the leading U.S.-based manufacturers of LED lighting systems for..."/>
Pacific Mercantile Bank Provides $5.8 Million in Financing to Hyperikon
JMP Group LLC on Wednesday disclosed that Scott Margolis joined JMP Securities as a managing director and head of convertible sales and trading. In this role, Margolis will be based in the company's New York office. Most recently, Margolis was a managing director at Piper Jaffray, where he traded convertible and hybrid securities and provided institutional sales coverage as a senior member of the fixed-income services group."/>
JMP names Scott Margolis as head of Convertible Sales and Trading
TD Ameritrade Holding Corporation announced on Thursday that Brian Levitt has been elected to its board of directors, effective 1 October 2016.. A designee of The Toronto-Dominion Bank, Levitt will fill the vacancy created by the expiry of TD's waiver of its rights to designate one of its directors, which accommodated the election of TD Ameritrade president and chief executive officer elect, Tim Hockey as of 2 January 2016. He joins the board as CEO Fred Tomczyk retires from the..."/>
TD Ameritrade's board elects Brian Levitt as director
Alliance Data company, has signed a new, multi-year agreement with CNO Financial Group, Inc., a national holding company to insurance brands Bankers Life, Washington National and Colonial Penn. With this agreement, Epsilon will build a centralized marketing database solution for the full suite of CNO brands to enable more integrated, strategic and personalized communications across channels including direct mail, television,..."/>
Epsilon Signs New Multi-Year Agreement With CNO Financial Group For Enterprise Marketing Database Solution And Marketing Data Services
BankUnited Inc approved a common stock cash dividend of USD0.21 per share, the company disclosed on Thursday. Stockholders of record at the close of business on 17 October 2016 will receive the dividend payment on 31 October 2016.. A bank holding company, BankUnited is the parent of BankUnited NA, a national bank headquartered in Miami Lakes, Florida with 95 branches in Florida and six banking centres in the New York metropolitan area."/>
BankUnited announces dividend of USD0.21 per share for quarter
Northern Trust on Thursday revealed that Vignesh Vijayakumar and Yovan Dabee will join its Global Family& Private Investment Offices team in London, to support the complex needs of ultra-high net worth families in Europe, Middle East and Africa. This group that is growing in EMEA, increased its new client base by almost 20% in the first half of 2016, the company said and added that it was founded in 1982 and serves families of significant wealth, their private foundations and the..."/>
Northern Trust names Vignesh Vijayakumar and Yovan Dabee to its Global Family & Private Investment Office Group in London
Moody's Corporation will release third quarter 2016 results before the start of NYSE trading on Friday, October 21, 2016."/>
Dates Set for Moody's Earnings Release and Investor Teleconference

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